Global Markets

Seoul exploring closer energy links with Pyongyang

South Korea’s government has asked companies in the country to review projects that can be pursued if Pyongyang resumes economic cooperation with Seoul
By Staff reporter 15 May 2018 0 30866

South Korea’s Ministry of Trade, Industry and Energy has asked Kogas, Korea National Oil Corp., and Korea Resources Corp. to review projects that can be pursued if Pyongyang resumes economic cooperation with Seoul, according to Yonhap News.

North and South Korea adopted a joint declaration in late April that focuses on working towards a complete denuclearisation of the Korean peninsula and formally ending the Korean War.

The two countries are looking to pursue joint economic projects in an effort to improve...